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Personal Loan Interest Rates | Best Interest Rates | Mar 2019



Personal Loan Interest Rates | Best Interest Rates | Mar 2019 1

1. What’s the tenure of a personal loan from Qbera?

The mortgage tenure at Qbera is a versatile one and it ranges from 1 to five years (12 to 60 months).

2. What’s an EMI?

It’s the mounted quantity {that a} borrower pays to the lender on a specific date each month. An EMI consists of the principal and curiosity charged on a mortgage.

3. What’s the minimal and most mortgage quantity that I can get from Qbera?

The mortgage quantity ranges between Rs. 25,00Zero to Rs. 10 Lacs.

4. What is exclusive about Qbera?

Our expertise and lending partnership enable us to supply a world-class expertise to our debtors:

Our CIBIL rating cut-off is 625 and we can provide loans to workers of greater than 9 lac corporations in India. Now you don’t need to get rejected by banks simply because they haven’t analyzed and categorized your employer.

5. What must be my age to use for a mortgage with Qbera?

You have to be not less than 23 years previous to use for a mortgage.

6. What must be my minimal wage to get a mortgage?

Your web month-to-month earnings have to be Rs. 20,00Zero or extra.

7. What must be my CIBIL rating cut-off for a personal loan?

Our CIBIL rating cut-off is 625 (V2 rating).

8. What’s the price of curiosity charged on a personal loan?

Fee of curiosity depends upon a borrower’s earnings, CIBIL rating, employer, age and so forth. Qbera collects data out of your software type and numerous different information sources to create a customized mortgage provide for you. Our rates of interest begin at 11.99%.

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9. What’s the eligibility standards to get a mortgage from Qbera?

To get a mortgage from Qbera, a borrower ought to meet the next eligibility standards:

10. How do I apply for a mortgage on-line?

To use for a mortgage on-line, click on right here. For queries, please Whatsapp us on +91 89719 28484.

11. What are the paperwork required to get a mortgage from Qbera?

The next paperwork could be required after your mortgage is digitally authorized:

12. What’s the processing payment charged on a personal loan by Qbera?

The processing payment ranges between 2% – 4%.

13. How can I repay my mortgage?

Qbera offers straightforward reimbursement of its sensible loans by way of automated debit of EMIs through NACH mandate.

14. Why was my mortgage software rejected at Qbera?

Though now we have among the finest approval charges within the business, we might need to reject some purposes if they don’t meet our primary qualification standards. You’ll be able to re-apply after Three months in case you assume that your credit score profile has improved.

15. Can I re-apply for a mortgage?

Qbera requires you to attend for not less than Three months earlier than re-applying for a personal loan.

16. How a lot time does Qbera take to course of a mortgage software?

It won’t take greater than 10 minutes to replenish your on-line software type. Our expertise permits us to disburse the authorized mortgage quantity inside 24-48 hours.

17. Is a component/prepayment allowed on my personal loan?

We don’t enable part-payments. Nevertheless, you’ll be able to prepay your mortgage after finishing 1 yr of reimbursement. (Foreclosures fees: 5% + GST relevant).

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18. Do I have to submit any collateral to get a personal loan from Qbera?

All private loans supplied by Qbera are unsecured. Therefore, you needn’t submit any belongings or property to safe a mortgage.

Interest Fee & Different Costs

Interest Fee
10.99% to 35.99%
Processing Price
1% to five% of complete mortgage quantity
Loan Quantity
₹1,00,00Zero to ₹15,00,000
Loan Tenure
12 to 60 months
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